It's also an incredibly diverse and sprawling MSA so asking where to find a "good" investment here is like asking where to find the best food: There are going to be a lot of different answers.

Please help me understand how I can afford this parcel.

Prior to my current role, I assembled small parcels for developers to acquire and entitle.

Are you familiar with Charlotte's GIS Parcel system?

This is a few days old, but it just got to me now, and I thought Id pass it along.Bloodbath: Mortgage industry keeps cutting staff.So many layoffs and closings...points to some hard times ahead.I wonder how long before things get good again.Note: If any of you guys and gals effected by this need some QUICK help, try visiting a food bank.Some of them have fresh from the farm produce to hand out daily (because people care).Some have pet food too--call to find out (your area may have a Pet Food Bank too).And then there is always temp work (well not always, buy a lot of the time) because a little money goes a long ways when your hurting for it.And look for Rental Assistance online.

@Scott Mac thank you for the input and the food for thought.

You could lease the land out to food trucks, mobile homes, RV's.

For unusual or extreme situations, you would charge the line item price plus your hourly for actual time spent.Individual line items might be window shades, window glass, toilet tank lid, toilet seat, towel rack, door hinge, closet door, outlet/switch, bedroom light, kitchen light, individual bulbs, ceiling fan/light combo, medicine cabinet, repair wall 6", paint touch up per 10' wall, flooring (by type), clogged or slow drain, food disposer, refrigerator bars, drip pans, stove burners, etc.

1) Check a City of Phoenix zoning map to make sure the parcel is actually zoned multifamily.

One tax parcel or multiple?